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BTG+ Implements Feedzai’s Artificial Intelligence Solution

BTG+ Implements Feedzai’s Artificial Intelligence Solution

SAN MATEO, Calif. and SAO PAULO, Brazil, Jan. 19 (Korea Bizwire) – BTG Pactual, the largest investment bank in Latin America, which has just launched its new retail bank BTG+, and Feedzai, the world’s leading financial crime management platform, just announced a partnership that will strengthen the bank’s ability to monitor financial transactions using advanced machine learning. [...]

Businesses Expect AI Will Take Over Half of Workforce in 20 Years

Businesses Expect AI Will Take Over Half of Workforce in 20 Years

SEJONG, Jan. 15 (Korea Bizwire) — Artificial intelligence (AI) will have replaced more than half of all business workforce and tasks in 20 years, a state-run think tank said Thursday. The Korea Development Institute conducted a survey of 1,000 businesses employing more than 20 workers, both large and small, many of which expected that AI [...]

AI Robots Sort Cans and Plastic Bottles Automatically in Seoul

AI Robots Sort Cans and Plastic Bottles Automatically in Seoul

SEOUL, Jan. 15 (Korea Bizwire) — Seoul’s southeastern Songpa district said Thursday it will collect and sort cans and plastic bottles automatically using artificial intelligence (AI)-based resource circulation and collection robots. The district office will install a couple of such robots within its district. The AI-based robots will automatically sort, compress and store cans and [...]

Hyundai E&C Makes Equity Investment in AI-based 3D Design Solution Start-up

Hyundai E&C Makes Equity Investment in AI-based 3D Design Solution Start-up

SEOUL, Jan. 12 (Korea Bizwire) — Hyundai Engineering & Construction Co., a leading South Korean builder, said Monday it will make an equity investment in a local start-up specializing in artificial intelligence (AI)-based 3D design solution, as part of efforts to preemptively introduce smart construction technology. TENELEVEN Inc., founded in 2014, is a start-up with [...]

Samsung to Introduce Technologies for Personalized Experience, AI at CES 2021

Samsung to Introduce Technologies for Personalized Experience, AI at CES 2021

SEOUL, Jan. 6 (Korea Bizwire) — Samsung Electronics Co. will introduce future technologies that can deliver personalized experiences to people and artificial intelligence (AI) solutions for a better home life at the upcoming global tech expo, its research chief said Wednesday. Sebastian Seung, who heads Samsung Research, said the South Korean tech giant will share [...]

SK Telecom to Develop Pandemic-fighting AI with Samsung and Kakao

SK Telecom to Develop Pandemic-fighting AI with Samsung and Kakao

SEOUL, Dec. 22 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Tuesday it has partnered with Samsung Electronics Co. and Kakao Corp., the country’s top mobile messenger operator, to develop an artificial intelligence (AI) platform to help combat the COVID-19 pandemic. The telecom operator said the three companies formed a joint [...]

AI-based Microbe Biosensor Can Accurately Detect Harmful Substances

AI-based Microbe Biosensor Can Accurately Detect Harmful Substances

DAEJEON, Dec. 18 (Korea Bizwire) — The state-run Korea Research Institute of Bioscience and Biotechnology announced on Wednesday that it had developed an artificial intelligence (AI)-based microbe biosensor that can accurately detect harmful chemical substances. At present, research is actively underway to develop biosensors that can accurately detect harmful chemical substances contained in industrial waste [...]

Naver’s Assistant Service Drives Shoppers Towards Items that Appeal to Their Personal Tastes

Naver’s Assistant Service Drives Shoppers Towards Items that Appeal to Their Personal Tastes

SEOUL, Dec. 15 (Korea Bizwire) — Naver Corp., the operator of South Korea’s dominant Internet portal, said Sunday its artificial intelligence (AI)-based mobile shopping recommendation technology ‘AiTEMS’ led to a sharp increase in customers’ selection of items that are less popular and have fewer review comments. According to a report released by a research team [...]